2024-10-31T12:46:29-04:00 2023-12-31 920127098 ELGEE REHFELD LLC 9309 GLACIER HWY STE B200 JUNEAU AK 998019300 990 2023-01-01 920156402 SOUTHEAST ALASKA LAND TRUST SOUT 9075863100 119 SEWARD STREET SUITE 2 JUNEAU AK 99801 MARCUS FRAMPTON BOARD TREASURER 9075863100 2024-10-23 true false JANELLE ANDERSON P01466741 9077893178 2024-10-24 2023 2024-10-15 13:58:12Z ANNE SUTTON 119 SEWARD STREET SUITE 2 JUNEAU AK 99801 443270 false X WWW.SOUTHEASTALASKALANDTRUST.ORG X 1995 AK THE SOUTHEAST ALASKA LAND TRUST (SEAL TRUST) COLLABORATES WITH COMMUNITIES, INDIVIDUALS, AND ORGANIZATIONS THROUGHOUT SOUTHEAST ALASKA TO HELP ENSURE THAT HIGHLY VALUED HABITAT, RECREATION, OPEN SPACE, AND CULTURAL AND HISTORIC AREAS CONTINUE TO THRIVE FOR THE WELL-BEING OF EACH GENERATION. 11 11 5 50 0 216283 285365 0 75243 120436 29690 291526 435491 0 0 242913 265521 0 76530 179963 111728 422876 377249 -131350 58242 6030048 6449943 17455 17987 6012593 6431956 X THE SOUTHEAST ALASKA LAND TRUST (SEAL TRUST) COLLABORATES WITH COMMUNITIES, INDIVIDUALS, AND ORGANIZATIONS THROUGHOUT SOUTHEAST ALASKA TO HELP ENSURE THAT HIGHLY VALUED HABITAT, RECREATION, OPEN SPACE, AND CULTURAL AND HISTORIC AREAS CONTINUE TO THRIVE FOR THE WELL-BEING OF EACH GENERATION. false false 107889 STEWARDSHIP - AS OF THE END OF 2023 SEALT HAS CONSERVED 42 PROPERTIES TOTALING OVER 3,600 ACRES, LOCATED IN JUNEAU, ADMIRALTY ISLAND, EXCURSION INLET, HAINES, KAKE, PETERSBURG (FARRAGUT BAY), AND SITKA. STEWARDSHIP INCLUDES MANAGEMENT OF 24 FEE SIMPLE PROPERTIES CURRENTLY OWNED BY SEALT, AND MONITORING AND ENFORCEMENT OF 16 CONSERVATION EASEMENTS AND 2 DEED RESTRICTIONS HELD BY SEALT. 100729 LAND CONSERVATION - IN 2023, SEALT MADE PROGRESS ON SEVERAL LAND CONSERVATION PROJECTS BUT DID NOT ACQUIRE ANY NEW LAND. CONSERVATION PROJECT DEVELOPMENT INCLUDES: PRIORITIZATION MAPPING PROJECTS, CONSERVATION SITE SELECTION, DUE DILIGENCE, AND ACQUISITION OF CONSERVATION EASEMENT OR FEE SIMPLE PROPERTIES, INCLUDING THOSE ACQUIRED WITH FUNDING FROM DEVELOPERS PAID TO SEALT VIA ITS IN-LIEU FEE INSTRUMENT WITH THE U.S. ARMY CORPS OF ENGINEERS. SEALT'S LAND CONSERVATION PROGRAM ALSO INCLUDES OUTREACH AND COMMUNICATION WITH LANDOWNERS, SITE VISITS, REPORT PREPARATION, AND NEGOTIATIONS WITH LANDOWNERS. COMMUNITY OUTREACH & ENGAGEMENT - SEALT ENCOURAGES COMMUNITY MEMBERS AND CONSERVATION PARTNERS TO CONNECT WITH THE OUTDOORS AND LAND CONSERVATION BY CONDUCTING LANDOWNER MEETINGS, PRESENTATIONS, COMMUNITY EVENTS, AND OUTDOOR EDUCATIONAL PROGRAMS. SEALT ALSO PARTICIPATES IN REGIONAL AND LOCAL PARTNERSHIPS THAT SUPPORT LAND CONSERVATION, HABITAT PRESERVATION AND RESTORATION, RECREATION, LAND USE PLANNING, AND CO-STEWARDSHIP OF IMPORTANT LANDS. 208618 true true false false false false true false false true true false false false false true false false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false true 8 0 true 5 true false false false false false false false false false false false false X 11 11 false false false false false false false true true false false true true true true true true false false false X SOUTHEAST ALASKA LAND TRUST 9075863100 119 SEWARD STREET SUITE 2 JUNEAU AK 99801 MARGARET CUSTER EXECUTIVE DI 40.00 X 87564 0 2616 ANNE SUTTON BOARD PRESID 1.00 X X 0 0 0 BETH PENDLETON BOARD VICE P 1.00 X 0 0 0 ANNIE CARPENETI BOARD SECRET 1.00 X X 0 0 0 MARCUS FRAMPTON BOARD TREASU 1.00 X X 0 0 0 OLIVIA GLASSCOCK BOARD MEMBER 1.00 X 0 0 0 BILL HANSON BOARD MEMBER 1.00 X 0 0 0 ALEXANDRA PIERCE BOARD MEMBER 1.00 X 0 0 0 MATT ROBUS BOARD MEMBER 1.00 X 0 0 0 NEIL STICHERT BOARD VICE P 1.00 X X 0 0 0 ALEX WERTHEIMER BOARD MEMBER 1.00 X 0 0 0 RICARDO WORL BOARD MEMBER 1.00 X 0 0 0 87564 2616 false false false 8165 61832 215368 28847 285365 120436 120436 37469 8165 7779 29690 29690 435491 150126 90180 54108 36072 143886 79560 30244 34082 14010 14010 17445 10068 4416 2961 7360 7360 18606 18606 5257 5257 20143 16569 2830 744 55 55 9339 44 2408 6887 3690 1831 1759 100 17121 21 17100 11926 11883 43 3652 1540 2112 ALL OTHER 9287 3020 6267 DUES/SUBSCRIPTIONS 2920 2920 PROGRAM SUPPLIES 2372 2372 ALLOCATION OF INDIRECT 20242 -45688 25446 377249 208618 92101 76530 80325 35163 458166 40040 25000 25000 2840 765708 6130 759578 759578 4704139 5590162 6030048 6449943 17455 17987 17455 17987 X 1434423 3830958 4578170 2600998 6012593 6431956 6030048 6449943 58242 361121 X true X false true false X 418627 218792 298773 216283 285365 1437840 418627 218792 298773 216283 285365 1437840 65711 1372129 113351 106875 98078 75243 120436 513983 37469 37469 1989292 0.68980 0.73960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 16 3282.00 1 true 1406.00 31175 false 2542052 2500 344357 113712 2775197 2915283 129688 -361303 141616 2542052 2554302 246450 201071 86540 2915283 2250479 47352 313820 48405 8944 2554302 1816854 597971 262805 426539 612 2250479 0.96670 0.03330 false false 759000 759000 6708 6130 578 759578 X SCHEDULE D, PAGE 1, PART II, LINE 5 WHEN SEAL TRUST ACCEPTS A CONSERVATION EASEMENT, IT ALSO ACCEPTS THE RESPONSIBILITY TO INSURE THAT THE TERMS OF THE EASEMENT ARE UPHELD. SEAL TRUST IS THEREFORE OBLIGATED TO (1) CONDUCT ROUTINE PROPERTY INSPECTIONS, (2) TAKE PROMPT AND APPROPRIATE ACTION WHEN A POTENTIAL VIOLATION IS OBSERVED, AND (3) PURSUE FAIR AND EQUITABLE RESOLUTION OF DOCUMENTED VIOLATIONS. SCHEDULE D, PAGE 1, PART II, LINE 9 THERE ARE NO CURRENT REVENUES OR EXPENSES FOR CONSERVATION EASEMENTS INCLUDED IN THE STATEMENT OF ACTIVITIES. CONSERVATION EASEMENTS HAVE A VALUE OF ZERO ON THE BALANCE SHEET. FINANCIAL STATEMENT FOOTNOTES NOTE 1: CONSERVATION EASEMENTS: THE TRUST HAS ACQUIRED AND HOLDS A NUMBER OF CONSERVATION EASEMENTS, EACH REPRESENTING A LEGAL INTEREST IN LAND OWNED BY ANOTHER PERSON OR ENTITY. THE CONSERVATION EASEMENTS EXTINGUISH CERTAIN FUTURE DEVELOPMENT RIGHTS IN THE SUBJECT PROPERTIES AND GRANT SEALT THE RIGHT TO PROTECT THE LAND FOR CONSERVATION PURPOSES. BECAUSE OF THE UNIQUE NATURE OF THESE ASSETS, THE SIGNIFICANT COST OF OBTAINING CONSISTENT AND RELIABLE ESTIMATES OF THE VALUES ASCRIBED TO THESE INTERESTS, AND CONSISTENT WITH THE PRACTICES FOLLOWED BY MANY ENVIRONMENTAL LAND TRUSTS, SEALT'S FINANCIAL STATEMENTS DO NOT INCLUDE ANY AMOUNTS FOR THESE PROPERTY INTERESTS. AT DECEMBER 31, 2023 AND 2022, THE TRUST HELD 16 CONSERVATION EASEMENTS ON 3,282 ACRES OF LAND. NOTE 12: STEWARDSHIP COMMITMENT: PROTECTING AND ENHANCING THE CONSERVATION VALUES OF THE LANDS ACQUIRED BY THE TRUST, AND DOING SO IN PERPETUITY, IS AN IMPORTANT ASPECT OF THE TRUST'S WORK. THE TRUST EVALUATES EACH PROPERTY IT HOLDS FOR ITS CONSERVATION VALUE, AS WELL AS THE THREATS TO THESE VALUES, AND CONDUCTS ANNUAL MONITORING TO ENSURE THESE VALUES REMAIN IN PLACE. CURRENT COSTS ASSOCIATED WITH THE TRUST'S STEWARDSHIP EFFORTS ARE EXPENSED AS INCURRED. THE COSTS OF FUTURE OBLIGATIONS REPRESENT A COMMITMENT OF THE TRUST AND WILL BE RECORDED AS THEY ARE INCURRED. SCHEDULE D, PAGE 3, PART X THE TRUST IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE SERVICE CODE SECTION 501(C)(3). THE TRUST FOLLOWS THE PROVISIONS OF FASB ASC 740, INCOME TAXES, AND MANAGEMENT BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN. THE TRUSTS FEDERAL INCOME TAX RETURNS (IRS FORM 990) ARE SUBJECT TO POSSIBLE EXAMINATION BY THE INTERNAL REVENUE SERVICE UNTIL THE EXPIRATION OF THE RELATED STATUTE OF LIMITATIONS ON THOSE TAX RETURNS, WHICH, IN GENERAL, HAVE A THREE-YEAR STATUTE OF LIMITATIONS. FIDDLEHEAD POP- 37826 8165 29661 650 4710 37826 8165 29661 650 4710 5360 24301 X 1 28847 FAIR MARKET VALUE false false false FORM 990 - ORGANIZATION'S MISSION THE SOUTHEAST ALASKA LAND TRUST (SEAL TRUST) COLLABORATES WITH COMMUNITIES, INDIVIDUALS, AND ORGANIZATIONS THROUGHOUT SOUTHEAST ALASKA TO HELP ENSURE THAT HIGHLY VALUED HABITAT, RECREATION, OPEN SPACE, AND CULTURAL AND HISTORIC AREAS CONTINUE TO THRIVE FOR THE WELL-BEING OF EACH GENERATION. FORM 990, PAGE 6, PART VI, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE BOARD PRESIDENT, VICE PRESIDENT, SECRETARY, TREASURER, AND THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE HAS ALL AUTHORITY OF THE BOARD OF DIRECTORS, EXCEPT THAT THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO AMEND OR REPEAL THE ARTICLES OF INCORPORATION OR BY-LAWS; TO ELECT, APPOINT, OR REMOVE ANY DIRECTOR OR OFFICER; OR TO TAKE ANY ACTION THE AUTHORITY FOR WHICH IS SPECIFICALLY WITHHELD FROM THE EXECUTIVE COMMITTEE BY THE BOARD OF DIRECTORS. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE, EXCEPT EMERGENCY APPROVAL OF LAND TRANSACTIONS, IS SUBJECT TO AMENDMENT OR REPEAL BY THE FULL BOARD OF DIRECTORS. EXECUTIVE COMMITTEE DID NOT USE THIS AUTHORITY IN 2023. FORM 990, PAGE 6, PART VI, LINE 11B RETURN IS REVIEWD BY ONE OR MORE BOARD OFFICERS PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REGULARLY MONITORS AND ENFORCES COMPLIANCE WITH THEIR CONFLICT OF INTEREST POLICY THROUGH ANNUAL SELF-DISCLOSURE OF POSSIBLE CONFLICTS BY BOARD MEMBERS AND STAFF. IN ADDITION, POTENTIAL CONFLICTS ARE MONITORED AT REGULAR BOARD MEETINGS. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION MAKES ITS FORMS 1023 AND 990, AND GOVERNING POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST.